Economic & Demographic Information

Lower Moreland Township occupies 6.8 square miles at the easternmost area of Montgomery County, Pennsylvania and is bounded by Bryn Athyn Borough, and by Upper Moreland, and Abington Townships in Montgomery County, Upper and Lower Southampton Townships in Bucks County, and the City of Philadelphia.

The Township is a high quality suburban residential community and is made up largely of individually owned, single family dwellings. It includes the unincorporated communities of Huntingdon Valley and Bethayres. The borough of Bryn Athyn is almost entirely surrounded by the Township in its west-central section.

The Township is very desirable as an upper middle income community of predominately home owner residents.The average market value of residential properties in the Township is $233,600 according to the Montgomery County Board of Assessments.1

1 Official Statement Boenning & Scattergood, Inc., January 12, 2010.

Population

The Township’s population trend, together with the population trends of Montgomery County and the Philadelphia SMSA from the 1960 through 2016 are shown below.

2016

(1)The Philadelphia Standard Metropolitan Area includes the counties of Philadelphia, Bucks, Chester, Montgomery and Delaware in Pennsylvania and Burlington, Camden and Gloucester in New Jersey.

Source: U.S. Bureau of Census, 2010

Table 2

Township of Lower Moreland

Age Distribution of Population

2010

Under 19 Years

26.3%

20-34 Years

10.9%

35-44 Years

12.7%

45-64 Years

30.9%

Over 64 Years

19.2%

Median Age

45.1 Years

Source: U.S. Bureau of Census, 2010; American Community Survey, 2005-2009

Income

The 2005-2009 American Community Survey reported the Township’s median family income as $107,969 compared to $75,728 for Montgomery County; and $49,737 for the Commonwealth of Pennsylvania (the “Commonwealth”).

Housing

The 2010 Census identified 4,548 dwelling units in the Township.Of this 86.8% are owner occupied and 13.2% are renter occupied. According to the 2005-2009 American Community Survey, the median value of housing in the Township was $425,000.The median value of housing in Montgomery County was $294,000.

Source: U.S. Bureau of Census, 2010

2010 Housing Characteristics

Owner Occupied

Renter Occupied

Vacant

Lower Moreland Township

86.8%

13.2%

4.8%

Montgomery County, PA

73.1%

26.9%

5.5%

Pennsylvania

69.6%

30.4%

9.9%

Source: United States Department of Commerce, Bureau of the Census

Table 3

Township of Lower Moreland

Property Tax Rate Millage

All Overlapping Governments

Year

Township

County

School District

2000

3.590

2.450

16.6000

2001

3.590

2.450

17.8900

2002

3.590

2.840

18.8900

2003

3.590

2.840

20.0000

2004

2.900

2.840

20.0100

2005

2.900

2.840

20.9170

2006

3.150

2.840

22.2010

2007

3.150

2.840

24.1165

2008

3.150

2.840

26.2076

2009

3.150

2.695

27.3803

2010

3.200

2.695

27.3803

2011

3.364

2.695

28.8372

2012

3.364

3.152

29.5258

pdf
Click Here
to view the full 2010 Census General Population and Housing Characteristics Profile.